Meta is making a $14.3 billion investment in artificial intelligence company Scale and recruiting its CEO Alexandr Wang to ...

Meta Platforms (NASDAQ:META), the parent of Facebook, has made a bold $14.8 billion move by acquiring a 49% nonvoting stake ...

Google is planning to stop the majority of its work with Scale AI after rival Meta took a 49% stake in Scale and hired its CEO in a deal announced this week, Reuters reported on Friday. The decision, ...

(Reuters) -Facebook owner Meta's $14.8 billion investment in Scale AI and hiring of the data-labeling startup's CEO will test ...

Alphabets Google (NASDAQ:GOOGL) is cutting ties with Scale AI following Metas (NASDAQ:META) acquisition of a 49% stake in the ...

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Wang will remain involved with Scale AI as a board member and is expected to bring several employees with him to Meta. He has ...

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Meta’s deal to sort-of but not really acquire AI startup Scale, giving it 49% ownership, is certainly unusual.

According to a Scale AI spokesperson, Meta is investing $14.3 billion as part of the deal, and will have a 49% stake in the artificial intelligence startup but will not have any voting power ...